Since IT Systems Can Often Initiate Transactions Automatically, Proper Authorization

question 96

True/False

Since IT systems can often initiate transactions automatically, proper authorization depends on software procedures and accurate master files used to make the authorization decision.

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Definitions:

Test Statistic

A calculated value used in statistical testing to determine if the null hypothesis can be rejected.

Distribution

A mathematical description of observed or theoretical frequencies of occurrence of different possible outcomes in a dataset.

Sampling Distribution

The probability distribution of a given random-sample-based statistic, used to make inferences about a population.

Mean

The arithmetic average of a set of numbers, calculated by adding all the values together and dividing by the number of values.